Monday, 30 December 2019

Shares Of Bharti Airtel Climbed 2 Percent On December 30

Shares of Bharti Airtel climbed 2 percent on December 30, a day after the company hiked its mandatory minimum recharge for pre-paid customers to Rs 45 from Rs 23.

BEML share price rose 2.5 percent on December 30 after company signed a MoU with IRCON International to explore and address opportunities in the overseas market by synergizing each other’s strengths for large infrastructure projects in the transportation sector, as per press release.

Share price of Snowman Logistics and Gateway Distriparks added 5-7 percent in the early trade on December 30 after later one to sell its entire stake in Snowman Logistics.

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Friday, 27 December 2019

State Bank Of India Share Price Added Over 2 Percent Intraday

State Bank of India share price added over 2 percent intraday on December 27 after research house Citi maintained buy call and raised the target price. 

Citi has raised target to Rs 400 from Rs 375 per share on the back of higher target for SBI Life and higher multiple on core banking business.

Share price of Allahabad Bank zoomed over 8 percent in the early morning trade on December 27 after the government released fresh capital infusion fund of Rs 2,153 crore for the bank.

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Trends On SGX Nifty Indicate A Positive Opening For The Broader Indices In India

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 30 points or 0.25 percent. Nifty futures were trading around 12,223.50-level on the Singaporean Exchange.

Wall Street ends higher: The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over US-China trade relations and gains in shares of Amazon.com after a report signalled robust online holiday sales.

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Thursday, 26 December 2019

Shares Of Bharti Airtel Declined A Percent On December 26

Shares of Bharti Airtel declined a percent on December 26 after African arm has set the issue price for the Airtel Malawi initial public offering.

Airtel Africa Plc, which has presence in 14 countries across Africa, on December 11, had said it would float its local business Airtel Malawi Plc subsidiary on the Malawi Stock Exchange.

Yes Bank share price fell more than 1 percent in the early trade on December 26 on rating downgrade by Brickwork Ratings.

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The Sensex Is Up 5.82 Points Or 0.01% At 41467.08, And The Nifty Up 3.20 Points

It is a flat start for the Indian indices on December 26 with Nifty holding above 12,200.

The Sensex is up 5.82 points or 0.01% at 41467.08, and the Nifty up 3.20 points or 0.03% at 12217.70. About 397 shares have advanced, 183 shares declined, and 48 shares are unchanged.

M&M, Nestle, UPL, Eicher Motors and Titan are among major gainers on the Indices, while losers are Bharti Infratel, RIL, Wipro, Infosys, Yes Bank and Axis Bank.

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Monday, 23 December 2019

L&T Technology Wins Multi-Million-Dollar EPCM Project In Europe

L&T Technology wins multi-million-dollar EPCM project in Europe: The company won a multi-million dollar project from one of the world’s top plastics, chemicals and refining manufacturers, to deliver the entire spectrum of engineering, procurement and construction management services for the expansion of an existing site in Europe.

PSP Projects share price rose 3 percent in the early trade on December 23 after company emerged as lowest bidder for EPC design and build construction of proposed GIDC Tech-Hub at GIFT City, Gandhinagar, Gujarat with bid value of Rs 307.53 crore.

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Asian Markets Idled Near 18-Month Highs On Monday

Asian markets trade firm: Asian markets idled near 18-month highs on Monday as volumes weakened ahead of the Christmas holiday break and investors squared off their positions, taking home hefty gains made earlier this month.

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 7.50 points or 0.06 percent. Nifty futures were trading around 12,300-level on the Singaporean Exchange.

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Trends On SGX Nifty Indicate A Positive Opening For The Broader Index In India

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 31.5 points gain or 0.25 percent. The Nifty future...